Trend could continue on downward revision in winter harvests.
Plans to enhance buffer stock to 500,000 tonnes; Gujarat exempts importers from stock limit
Price up on weak dollar and strong demand
The southwest monsoon season was deficient by 16 per cent.
Private traders had placed orders early this month with Egyptian suppliers at $320 a tonne
Gold was Rs 28,100 per 10 gm on July 26, 2014.
In Delhi, the wholesale price is now Rs 48-52 a kg; the retail one is Rs 80 a kg.
Many giving double-digit returns, with India up less than one per cent; even so, it has done much better than other emerging markets.
The price is at a 4-year low, stabilising around Rs 25,000/10gm.
Traders estimate lower vegetable output this year.
Exports of gold jewellery fell 23.13 per cent to $1153 million.
Gold is currently trading at Rs 25,200 for 10 grams.
Traders estimate around 30 per cent of rabi crop damage.
Orders for the festive season abroad begin from next month.
Dealers expect prices to fall further, owing to an impending rate hike in the US
Wealth management seems to have moved from family office solutions to CXO office solutions.
Dairy, sugar prices fall sharply, despite El Nio fears
The exchange moved through many ups and downs through the years.
Dealers are selling gold at a discount of Rs 175 for 10 gm.
Total area sown till last Friday was 16.56 mn hectares, up 23%.